Can I apply for participant contributions on the AnswerNet? I am enrolled in a corporate-type DC with matching contributions.

The application procedure for participant contributions varies depending on the plan in which you are enrolled. (1) Plans which allow applications on the AnswerNet ＜Procedure for new appl... Show Detail

What is forfeiture of company contributions when I retire?

"Forfeiture of company contributions" refers to returning to the employer the amount equivalent to the contributions made by the employer out of the pension assets only in the case of voluntary res... Show Detail

I want to take rollover procedures for my pension assets in the corporate-type DC of my previous company. When do I need to complete the procedures to avoid ...

If a participant in a corporate-type DC loses his/her participant eligibility before age 60 and fails to complete the rollover procedures during the procedure period (*), the assets of the corporat... Show Detail

What is plan conversion?

Plan conversion refers to transferring all or part of the assets related to an existing retirement benefit plan to a corporate-type DC when a company implements a corporate-type DC. The reti... Show Detail

I don't know the company registration number of the previous company in a "Request to Rollover DC Asset Balance to New Individual-type DC Plan".

The "Request to Rollover DC Asset Balance to New Individual-type DC Plan" is the document to be submitted when transferring assets from a defined contribution pension plan to another defined contri... Show Detail

What are the advantages and disadvantages of joining a corporate-type DC on an opt-in basis?

In a corporate-type DC, tax benefits are available at each stage of contribution, investing and benefit receipt. A version of a corporate-type DC commonly referred to as "opt-in" is a system... Show Detail

What is employee matching contribution? Is anyone allowed to make participant contributions?

Employee matching contribution is a scheme that allows participants to make contributions (participant contributions) on top of the contributions made by the company (company contributions) in a co... Show Detail

When I change jobs and transfer my assets to a new defined contribution pension plan, can I keep investing in the same investment products without them being...

When you take rollover procedures, the investment products you hold will be sold and converted to cash, and the investment products of the new plan will be purchased. It is not possible to transfer... Show Detail

What is automatic rollover and what happens if it happens?

If you were enrolled in a corporate-type DC and fail to complete the necessary rollover procedures within six months following the month which the loss of participant eligibility date (the date fol... Show Detail

What happens if I fail to complete the procedures to transfer my assets in a corporate-type DC after retirement?

If you fail to complete the necessary procedures to transfer your assets within six months following the month in which you lose your participant eligibility in a corporate-type DC, your assets wil... Show Detail